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French Unemployment Soars: Will Hollande Keep His Word Or Will He Humiliate Himself?

Submitted bny Michael Shedlock via, The unemployment rate in France surged in August (the latest report) to a 12-month high of 10.5%. French President Francois Hollande said he will not run for reelection unless the rate drops below 10%. Will he keep his word? The Financial Times reports French Unemployment at 12-Month High. France is bucking the trend among the major economies in the eurozone, with its closely-watched unemployment rate hitting a 12-month high in August.
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